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Find the amount in a continuously compounded account for the following condition.

Principal, $3000; Annual interest rate, 5.5%; time, 3 years

The balance after 3 years is $___

(Round the final answer to the nearest cent as needed. Round all intermediate values to five decimal places as needed.)

User Shax
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1 Answer

6 votes

Answer:

9300$

Explanation:

User Vincent Pazeller
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